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HIW

HIW - Highwoods Properties Inc Stock Price, Fair Value and News

24.04USD+0.22 (+0.92%)Delayed as of 18 Apr 2024, 03:06 pm ET

Market Summary

HIW
USD24.04+0.22
Delayedas of 18 Apr 2024, 03:06 pm
0.92%

HIW Stock Price

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HIW RSI Chart

HIW Valuation

Market Cap

2.5B

Price/Earnings (Trailing)

16.64

Price/Sales (Trailing)

3.02

EV/EBITDA

4.3

Price/Free Cashflow

6.51

HIW Price/Sales (Trailing)

HIW Profitability

EBT Margin

16.52%

Return on Equity

6.22%

Return on Assets

2.52%

Free Cashflow Yield

15.37%

HIW Fundamentals

HIW Revenue

Revenue (TTM)

834.0M

Rev. Growth (Yr)

-2.29%

Rev. Growth (Qtr)

-0.11%

HIW Earnings

Earnings (TTM)

151.3M

Earnings Growth (Yr)

34.97%

Earnings Growth (Qtr)

69.76%

Breaking Down HIW Revenue

52 Week Range

19.1826.27
(Low)(High)

Last 7 days

-4.0%

Last 30 days

-3.1%

Last 90 days

9.3%

Trailing 12 Months

3.4%

How does HIW drawdown profile look like?

HIW Financial Health

HIW Investor Care

Dividend Yield

8.4%

Dividend/Share (TTM)

2

Shares Dilution (1Y)

0.47%

Diluted EPS (TTM)

1.39

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023835.3M838.8M838.9M834.0M
2022790.6M808.9M820.4M828.9M
2021727.9M730.3M744.7M768.0M
2020756.4M755.5M749.1M736.9M
2019712.0M717.2M725.3M736.0M
2018713.8M715.3M714.5M720.0M
2017670.2M680.6M694.5M702.7M
2016624.3M642.6M658.1M665.6M
2015565.3M573.9M585.3M604.7M
2014562.3M569.6M564.1M555.9M
2013497.6M509.8M534.1M556.8M
2012471.2M479.5M482.7M485.0M
2011456.7M455.1M456.8M463.4M
2010450.2M452.0M454.4M461.1M
20090446.2M447.1M448.0M
2008000445.3M

Tracking the Latest Insider Buys and Sells of Highwoods Properties Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 01, 2024
leary brian m
sold (taxes)
-
-
-6,209
evp & coo
Mar 01, 2024
klinck theodore j
sold (taxes)
-
-
-24,448
president and ceo
Mar 01, 2024
hartzell david john
acquired
-
-
3,786
-
Mar 01, 2024
todd candice w
acquired
-
-
3,786
-
Mar 01, 2024
anderson thomas p
acquired
-
-
3,786
-
Mar 01, 2024
gadis david l
acquired
-
-
3,786
-
Mar 01, 2024
maiorana brendan c
sold (taxes)
-
-
-2,983
evp, cfo
Mar 01, 2024
anderson gene h
acquired
-
-
3,786
-
Mar 01, 2024
anderson charles albert
acquired
-
-
3,786
-
Mar 01, 2024
klinck theodore j
acquired
-
-
111,544
president and ceo

1–10 of 50

Which funds bought or sold HIW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 16, 2024
Pasadena Private Wealth, LLC
added
1.41
85,881
635,137
0.15%
Apr 16, 2024
Register Financial Advisors LLC
new
-
2,618
2,618
-%
Apr 16, 2024
Presima Securities ULC
added
12.3
298,427
1,362,300
0.32%
Apr 16, 2024
TRUST CO OF VIRGINIA /VA
unchanged
-
34,856
283,398
0.03%
Apr 16, 2024
Independence Bank of Kentucky
unchanged
-
799
6,493
-%
Apr 15, 2024
Sound Income Strategies, LLC
unchanged
-
3,600
29,269
-%
Apr 15, 2024
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
new
-
206,089
206,089
-%
Apr 15, 2024
JANICZEK WEALTH MANAGEMENT, LLC
unchanged
-
1,862
15,133
-%
Apr 12, 2024
AdvisorNet Financial, Inc
unchanged
-
115
942
-%
Apr 12, 2024
Riverview Trust Co
new
-
33,955
33,955
0.03%

1–10 of 50

Are Funds Buying or Selling HIW?

Are funds buying HIW calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HIW
No. of Funds

Unveiling Highwoods Properties Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
cohen & steers, inc.
16.15%
17,069,123
SC 13G/A
Feb 13, 2024
vanguard group inc
16.38%
17,310,804
SC 13G/A
Jan 30, 2024
state street corp
7.17%
7,577,207
SC 13G/A
Jan 22, 2024
blackrock inc.
16.8%
17,711,972
SC 13G/A
Feb 14, 2023
cohen & steers, inc.
16.59%
17,453,604
SC 13G/A
Feb 09, 2023
vanguard group inc
15.84%
16,666,368
SC 13G/A
Feb 06, 2023
state street corp
6.18%
6,497,574
SC 13G/A
Jan 26, 2023
blackrock inc.
11.8%
12,456,812
SC 13G/A
Jan 20, 2023
blackrock inc.
11.8%
12,456,812
SC 13G/A
Feb 14, 2022
cohen & steers, inc.
14.73%
15,377,883
SC 13G/A

Recent SEC filings of Highwoods Properties Inc

View All Filings
Date Filed Form Type Document
Mar 29, 2024
ARS
ARS
Mar 29, 2024
DEF 14A
DEF 14A
Mar 29, 2024
DEFA14A
DEFA14A
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading

Peers (Alternatives to Highwoods Properties Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
80.2B
11.1B
-12.19% -17.37%
58.68
7.2
4.04% -19.43%
40.3B
7.0B
-10.96% -29.83%
26.87
5.78
-0.07% -10.36%
25.7B
2.8B
-0.85% 4.43%
27.68
9.29
6.73% -18.30%
20.0B
2.9B
-5.68% -5.65%
193.13
6.94
11.46% -80.13%
12.5B
1.6B
-3.32% 4.08%
29.04
7.81
7.80% 39.39%
10.6B
1.3B
-3.54% -5.60%
29
7.99
8.04% -24.50%
9.1B
3.3B
-7.75% 10.09%
47.83
2.78
5.31% -77.32%
MID-CAP
8.1B
1.1B
-2.74% -0.94%
33.99
7.11
5.38% -38.52%
3.3B
884.1M
-6.39% 56.30%
-12.1
3.75
2.90% -314.82%
3.2B
899.4M
-2.68% 111.31%
-5.7
3.58
-0.45% -623.11%
SMALL-CAP
1.2B
441.2M
-3.08% 15.27%
19.26
2.82
4.38% 15.77%
1.1B
198.2M
4.45% -4.79%
-7.13
5.71
-43.33% -270.70%
1.0B
605.6M
-9.21% 2.71%
13.05
1.73
25.53% 134.62%
622.2M
258.7M
-4.75% -31.04%
-12.79
2.41
0.11% 83.70%
394.5M
277.9M
-10.75% -21.50%
-24.87
1.42
44.33% 96.06%

Highwoods Properties Inc News

Latest updates
MarketBeat16 Apr 202405:50 am
Zacks Investment Research14 Mar 202407:00 am
InvestorsObserver05 Mar 202408:00 am

Highwoods Properties Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-0.1%207207207213212207204206203195186184180181183193192187184172181
Operating Expenses6.6%161151151149154150177145143137128127129126126134139142130142130
  S&GA Expenses37.4%12.009.009.0012.0010.0010.0010.0014.0010.0010.0010.0010.0011.009.0010.0011.0010.0012.0010.0012.009.00
EBITDA Margin2.3%0.69*0.67*0.66*0.65*0.64*0.63*0.63*0.63*0.63*0.63*0.63*0.63*---------
Interest Expenses3.1%35.0034.0034.0033.0030.0026.0025.0024.0025.0022.0019.0020.0020.0020.0020.0021.0022.0021.0020.0019.0018.00
Earnings Before Taxes---------------------34.00
EBT Margin0.6%0.17*0.16*0.16*0.16*0.17*0.17*0.17*0.17*0.18*0.18*0.19*0.19*---------
Net Income69.8%39.0023.0044.0045.0029.0040.0053.0042.0012976.0062.0057.0085.0042.0039.0019162.0030.0041.008.0055.00
Net Income Margin7.8%0.18*0.17*0.19*0.20*0.20*0.32*0.37*0.39*0.42*0.38*0.34*0.31*---------
Free Cashflow-0.3%10310311566.0010211812874.0010511211483.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.4%6,0036,0246,0286,0706,0635,8715,6825,6855,6955,7545,2375,2055,2095,2055,0575,1315,1384,8914,7434,7264,675
    Cash Equivalents48.6%25.0017.0017.0016.0021.0023.0025.0019.0023.0028.007.0049.001891195.0013.0015.001175.005.0010.00
Liabilities-0.2%3,5153,5233,4963,5283,4983,2813,0763,0783,0843,2282,7412,7282,7392,7692,6132,6752,8312,5952,4192,3982,305
Shareholder's Equity-0.8%2,4332,4532,4762,4872,4772,5262,5222,4932,5002,4022,3682,3552,3582,3402,3372,3552,1742,1732,2112,2002,264
  Retained Earnings-2.2%-698-683-652-642-633-608-593-591-579-652-672-681-686-718-708-696-831-842-821-811-769
  Additional Paid-In Capital-0.1%3,1033,1083,0953,0963,0813,0833,0653,0343,0283,0032,9892,9862,9943,0092,9963,0012,9552,9642,9732,9572,976
Shares Outstanding0.0%106106105105105105105105104104104104---------
Minority Interest5.8%5.004.004.004.0022.0022.0022.0021.0022.0022.0022.0022.0022.0022.0022.0022.0022.0022.0022.0018.0018.00
Float---2,500---3,500---4,600---3,800---4,200--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-0.3%102,791103,051115,45165,669101,900117,981127,82074,078105,340111,803114,43582,98082,70195,244116,60163,61479,536112,972110,57662,71365,670
  Share Based Compensation9.1%8738008004,5007357008005,2911,8801,9001,9002,9821,2721,2001,2002,4961,0107009004,600903
Cashflow From Investing38.3%-38,719-62,7936,362-74,536-273,206-271,724-10,452-59,41785,547-144,808-73,500-154,91730,313-49,360-101,368231,097-357,147-111,433-57,325-81,502-15,845
Cashflow From Financing-27.0%-53,213-41,909-121,08610,782168,318111,168-78,439-13,120-200,58715,470-40,880-58,929-52,04168,680-125,615-185,364169,329107,978-52,21121,113-51,961
  Dividend Payments0.0%52,84652,83652,72052,62152,59652,58652,57752,42452,28452,12049,93149,84749,86949,86649,86149,73549,27349,23749,25049,17547,867
  Buy Backs----10.00------5.00--17.0013.003.00---18.0010.00

HIW Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Rental and other revenues$ 833,997$ 828,929$ 768,007
Operating expenses:   
Rental property and other expenses268,782259,806236,436
Depreciation and amortization299,411287,610259,255
Impairments of real estate assets036,5150
General and administrative42,85742,26640,553
Total operating expenses611,050626,197536,244
Interest expense136,710105,38585,853
Other income4,4351,5301,394
Gains on disposition of property47,77363,546174,059
Gain on deconsolidation of affiliate11,77800
Equity in earnings of unconsolidated affiliates1,1071,5351,947
Net income151,330163,958323,310
Net (income) attributable to noncontrolling interests in the Operating Partnership(3,164)(3,670)(8,321)
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates549(1,230)(1,712)
Dividends on Preferred Stock(2,485)(2,486)(2,486)
Net income available for common stockholders$ 146,230$ 156,572$ 310,791
Earnings per Common Share - basic:   
Net income available for common stockholders (in dollars per share)$ 1.39$ 1.49$ 2.98
Weighted average Common Shares outstanding - basic (in shares)105,529105,120104,232
Earnings per Common Share - diluted:   
Net income available for common stockholders (in dollars per share)$ 1.39$ 1.49$ 2.98
Weighted average Common Shares outstanding - diluted (in shares)107,785107,567107,061
Highwoods Realty Limited Partnership [Member]   
Rental and other revenues$ 833,997$ 828,929$ 768,007
Operating expenses:   
Rental property and other expenses268,782259,806236,436
Depreciation and amortization299,411287,610259,255
Impairments of real estate assets036,5150
General and administrative42,85742,26640,553
Total operating expenses611,050626,197536,244
Interest expense136,710105,38585,853
Other income4,4351,5301,394
Gains on disposition of property47,77363,546174,059
Gain on deconsolidation of affiliate11,77800
Equity in earnings of unconsolidated affiliates1,1071,5351,947
Net income151,330163,958323,310
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates549(1,230)(1,712)
Distributions on Preferred Units(2,485)(2,486)(2,486)
Net income available for common unitholders$ 149,394$ 160,242$ 319,112
Earnings per Common Unit - basic:   
Net income available for common unitholders (in dollars per share)$ 1.39$ 1.50$ 2.99
Weighted average Common Units outstanding - basic (in shares)107,376107,153106,634
Earnings per Common Unit - diluted:   
Net income available for common unitholders (in dollars per share)$ 1.39$ 1.50$ 2.99
Weighted average Common Units outstanding - diluted (in shares)107,376107,158106,652

HIW Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Real estate assets, at cost:  
Land$ 540,050$ 548,720
Buildings and tenant improvements5,960,8955,909,754
Development in-process8,91846,735
Land held for development227,058231,218
Total real estate assets6,736,9216,736,427
Less-accumulated depreciation(1,743,390)(1,609,502)
Net real estate assets4,993,5315,126,925
Cash and cash equivalents25,12321,357
Restricted cash6,4464,748
Accounts receivable28,09425,481
Mortgages and notes receivable4,7951,051
Accrued straight-line rents receivable310,649293,674
Investments in and advances to unconsolidated affiliates343,241269,221
Deferred leasing costs, net of accumulated amortization of $175,697 and $163,751, respectively225,924252,828
Prepaid expenses and other assets, net of accumulated depreciation of $22,142 and $21,660, respectively65,12568,091
Total Assets6,002,9286,063,376
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Capital:  
Mortgages and notes payable, net3,213,2063,197,215
Accounts payable, accrued expenses and other liabilities302,180301,184
Total Liabilities3,515,3863,498,399
Commitments and contingencies
Noncontrolling interests in the Operating Partnership49,52065,977
Equity/Capital:  
Preferred Stock, $.01 par value, 50,000,000 authorized shares; 8.625% Series A Cumulative Redeemable Preferred Shares (liquidation preference $1,000 per share), 28,811 and 28,821 shares issued and outstanding, respectively28,81128,821
Common Stock, $.01 par value, 200,000,000 authorized shares; 105,710,315 and 105,210,858 shares issued and outstanding, respectively1,0571,052
Additional paid-in capital3,103,4463,081,330
Distributions in excess of net income available for common stockholders(698,020)(633,227)
Accumulated other comprehensive loss(1,997)(1,211)
Total Stockholders’ Equity2,433,2972,476,765
Noncontrolling interests in consolidated affiliates4,72522,235
Total Equity/Capital:2,438,0222,499,000
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital6,002,9286,063,376
Highwoods Realty Limited Partnership [Member]  
Real estate assets, at cost:  
Land540,050548,720
Buildings and tenant improvements5,960,8955,909,754
Development in-process8,91846,735
Land held for development227,058231,218
Total real estate assets6,736,9216,736,427
Less-accumulated depreciation(1,743,390)(1,609,502)
Net real estate assets4,993,5315,126,925
Cash and cash equivalents25,12321,357
Restricted cash6,4464,748
Accounts receivable28,09425,481
Mortgages and notes receivable4,7951,051
Accrued straight-line rents receivable310,649293,674
Investments in and advances to unconsolidated affiliates343,241269,221
Deferred leasing costs, net of accumulated amortization of $175,697 and $163,751, respectively225,924252,828
Prepaid expenses and other assets, net of accumulated depreciation of $22,142 and $21,660, respectively65,12568,091
Total Assets6,002,9286,063,376
Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Liabilities, Redeemable Operating Partnership Units and Capital:  
Mortgages and notes payable, net3,213,2063,197,215
Accounts payable, accrued expenses and other liabilities302,180301,184
Total Liabilities3,515,3863,498,399
Commitments and contingencies
Redeemable Operating Partnership Units:  
Redeemable Operating Partnership Units, Common Units, 2,156,808 and 2,358,009 outstanding, respectively49,52065,977
Series A Preferred Units (liquidation preference $1,000 per unit), 28,811 and 28,821 units issued and outstanding, respectively28,81128,821
Total Redeemable Operating Partnership Units78,33194,798
Equity/Capital:  
General partner Common Units, 1,074,583 and 1,071,601 outstanding, respectively24,06424,492
Limited partner Common Units, 104,226,923 and 103,730,448 outstanding, respectively2,382,4192,424,663
Accumulated other comprehensive loss(1,997)(1,211)
Noncontrolling interests in consolidated affiliates4,72522,235
Total Equity/Capital:2,409,2112,470,179
Total Liabilities, Noncontrolling Interests in the Operating Partnership and Equity/Total Liabilities, Redeemable Operating Partnership Units and Capital$ 6,002,928$ 6,063,376
HIW
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. The Company is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa.
 CEO
 WEBSITEhighwoods.com
 INDUSTRYREIT Mortgage
 EMPLOYEES345

Highwoods Properties Inc Frequently Asked Questions


What is the ticker symbol for Highwoods Properties Inc? What does HIW stand for in stocks?

HIW is the stock ticker symbol of Highwoods Properties Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Highwoods Properties Inc (HIW)?

As of Wed Apr 17 2024, market cap of Highwoods Properties Inc is 2.52 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HIW stock?

You can check HIW's fair value in chart for subscribers.

What is the fair value of HIW stock?

You can check HIW's fair value in chart for subscribers. The fair value of Highwoods Properties Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Highwoods Properties Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HIW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Highwoods Properties Inc a good stock to buy?

The fair value guage provides a quick view whether HIW is over valued or under valued. Whether Highwoods Properties Inc is cheap or expensive depends on the assumptions which impact Highwoods Properties Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HIW.

What is Highwoods Properties Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, HIW's PE ratio (Price to Earnings) is 16.64 and Price to Sales (PS) ratio is 3.02. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HIW PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Highwoods Properties Inc's stock?

In the past 10 years, Highwoods Properties Inc has provided -0.009 (multiply by 100 for percentage) rate of return.